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Jessica Henrichsen

pcswithjess@gmail.com +1(318) 780-4231

$ 1,900,000

Est. payment -/mo

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6908 Thomas DR Panama City Beach, FL 32408

4 Beds

1 Bath

6,985 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,985 sqft

Price per Sqft $272

Subdivision Holiday Beach Unit 10

MLS Listing ID 797636

Bedrooms 4

Full Baths 1

HOA Y/N No

Year Built 1979

Annual Tax Amount $7,571

Tax Year 2025

Lot Size 0.540 Acres

Acres 0.54

Property Sub-Type Multi Family

Property Description

Remarks: Prime Mixed-Use Opportunity - Gulf View Property on Thomas Drive | Zoned C-1. Attention Investors, Builders, and Entrepreneurs -- this is the opportunity you've been waiting for! This rare .53-acre Gulf-view property is zoned C-1 Neighborhood Commercial, with mixed use opportunities surrounded by not only commercial buildings, but many Mixed -Use properties, offering a wide range of development possibilities. Situated in the heart of Panama City Beach, just 800 feet from the Gulf of Mexico, the site features: • Four (4) separate lots totaling approximately 23,000 sq. ft., or .53 of an acre • 100 feet of frontage on Thomas Drive, extending 230 feet through to Beach Drive • Includes a building with approx. 6,985 sq. ft. and 3 upstairs office/storage rooms, and bathrooms. Property Features: • High visibility in a bustling area surrounded by high-rise condos, restaurants, public beach access, and major attractions • Previously operated as a bar/restaurant • Recent renovations include complete build-out and new HVAC system • On-site signage and real estate included • Inventory available for purchase if buyer wishes to maintain existing store/business • Not in a flood zone -- despite being just steps from the Gulf! Zoning & Development Details: • C-1 Zoning allows for commercial, mixed-use, or multifamily development • Density: Up to 15 units per acre • Maximum Building Height: 35 feet • Impervious Surface Ratio: 60% • Floor Area Ratio: 100% • Setbacks: 20 ft front/rear, 5 ft sides • Minimum Lot Frontage: 70 ft Whether you're looking to develop multi-family units, open a thriving new business, or hold a valuable asset in one of the most sought-after areas of Panama City Beach, this property checks every box. Don't miss out on this exceptional investment. Schedule your private showing today -- before someone else turns your vision into their reality. All measurements, zoning allowances, and property details to be verified by buyer through personal or professional inspection.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Heating Central, Electric

Cooling Central Air, Multi Units

Flooring Concrete, Plank, Vinyl

Fireplace No

Exterior

Parking Features Additional Parking

Community Features Short Term Rental Allowed

Utilities Available Electricity Available

View Y/N Yes

View Gulf

Roof Type Metal

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Level or Stories Two

New Construction No

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Restrictions Short Term Rentals Allowed

Tax ID 30766-010-000

Special Listing Condition Listed As-Is

Listed by Own It Real Estate LLC

NEARBY SCHOOLS & PROPERTIES

Jessica Henrichsen

Broker Associate BK 3553737

+1(318) 780-4231

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Jessica Henrichsen

6908 Thomas DR Panama City Beach, FL 32408

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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6908 Thomas DR